Latium is the world’s first decentralized platform for real world projects and community driven initiatives. Latium’s goal is to improve the world by making a transparent decentralized platform to help harness the world’s labor force, while increasing labor equality and opportunity for those who may not have the ability or opportunity to find work. By creating a digital platform that allows for real world actions to be taken and digital reward given Latium helps bridge the gap between the digital and physical world. You can view more at https://latium.org/.

The Latium ecosystem will consist of many components, but the major roles are played by task doers and task makers. Task makers consist of anyone (Persons, Companies, Organizations, Governments, etc) with a desire to have an action completed and willing to pay a reward to whomever is willing to complete the required task (task doer).

Task doers consist of anyone (Persons, Companies, Organizations, Governments, etc) willing to complete a task for a reward. In its most basic form Latium is a platform to exchange effort for reward or vice versa. There are many basic examples (Freelancer, Fiver, Upwork, etc.) but all of these examples are very limited in scope and do not facilitate the much broader needs of a global labor market. The Latium platform will allow users around the globe to create tasks of any size, from getting more twitter followers to providing clean water to a Sub-Saharan African community. No task is too big or too small for Latium.

All payments within the Latium Platform will be made using the LATX ERC20 token. This is truly a token with a purpose.

Latium will be hosting a token sale for the new LATX ERC20 token, which will be the only form of payment within the platform. You can purchase the LATX token using ETH.

Token Symbol: LATX

Overview of Token Structure

Token Sale: 180,000,000 LATX (60% of total supply) tokens available during all phases of the token sale. Any tokens not sold during this period will be burned.

Platform Adoption Incentives:60,000,000 LATX (20% of total supply) will be used for promotion once the Latium platform is in production. These tokens will provide incentives to sign up and use the Latium platform during the ramp up of production. New users will be allocated a certain amount of tokens to use within the Latium Ecosystem (cannot be withdrawn but can be spent on task creation). These 60 million tokens will be held in a lockup contract and released, according to the schedule below, for use in the system. After release, these funds will be held in a single contract. The only function of this contract will be to release tokens to platform users and will be made available for public inspection prior to the first token release in order to ensure transparency. The below schedule is the maximum that can be withdrawn on a given date. The amount of the withdrawal will be determined at the time of release up to the maximum allowed by the lockup contract. The amount withdrawn will be solely up to the management team and based on project requirements at the time of release. This contract has been made available on Github for public review and etherscan.io

15 million LATX Tokens released - January 31st, 2018

15 million LATX Tokens released - April 30th, 2018

15 million LATX Tokens released - July 31st, 2018

15 million LATX Tokens final incentive released - October 31st, 2018

Founder's Lockup Contract:45,000,000 LATX (15% of total supply) tokens will be held in the founder’s lockup contract for 12 months releasing November 1st 2018. These funds will be used to expand the management team after production release in key areas and founder’s equity. This amount is the maximum amount that can be withdrawn from the Lockup contract. The amounts actually withdrawn will be left up to the founders to decide up to the maximum allowed by the contract. This contract has been made available on Github for public review.

Bounty Programs:15,000,000 LATX (5% of total supply) will be allocated for bounty programs. The following programs are included in this allocation Wings (1% of total supply), General Affiliate System (up to 2.6% of total supply), General Bounty (1% of total supply), Marketing bounties (0.4% of total supply), such as promotional programs, content writing, etc. The Marketing Bounty is an additional bounty campaign, not a guaranteed distribution and will be up to the management team who can receive this bounty. To apply for the Marketing bounty campaign, please, contact support@latium.org.

All purchases of LATX should be for the sole purpose of use within the platform. This is not an offer for investment or a security. If you are looking to purchase the LATX token with a purpose other than usage within the platform you should reconsider your purchase.

I am confused now (another LAT ICO) what's happen to the old LAT cryptocurrency and I see that hte price of the LAT in exchange is match more lower than the ICO price ? So what's going on ?

That section was basically a pre-sale token sale. Based on advice from our advisors and participants in the pre-sale, we felt that creating a larger supply of tokens was beneficial to all parties involved. This makes the amount of LATX you get per ETH more.

There will be an option to transfer your LAT tokens to the new LATX token very soon. During that you will receive 11 LATX per 1 LAT that you transfer.

I am confused now (another LAT ICO) what's happen to the old LAT cryptocurrency and I see that hte price of the LAT in exchange is match more lower than the ICO price ? So what's going on ?

That section was basically a pre-sale token sale. Based on advice from our advisors and participants in the pre-sale, we felt that creating a larger supply of tokens was beneficial to all parties involved. This makes the amount of LATX you get per ETH more.

There will be an option to transfer your LAT tokens to the new LATX token very soon. During that you will receive 11 LATX per 1 LAT that you transfer.

try to recalculate ...first you promised 100LAT per Etherium then you promised 2000LATX per etheriumbut you only appreciate 11LATX per LAT ? is not it worth the minimum value you give it 20LATX per LAT ?

I am confused now (another LAT ICO) what's happen to the old LAT cryptocurrency and I see that hte price of the LAT in exchange is match more lower than the ICO price ? So what's going on ?

That section was basically a pre-sale token sale. Based on advice from our advisors and participants in the pre-sale, we felt that creating a larger supply of tokens was beneficial to all parties involved. This makes the amount of LATX you get per ETH more.

There will be an option to transfer your LAT tokens to the new LATX token very soon. During that you will receive 11 LATX per 1 LAT that you transfer.

try to recalculate ...first you promised 100LAT per Etherium then you promised 2000LATX per etheriumbut you only appreciate 11LATX per LAT ? is not it worth the minimum value you give it 20LATX per LAT ?

During the initial phase of the sale it was 100 LAT per ETH. We then gave all those who purchased LAT a 100% bonus which basically made it 200 LAT per ETH. We are offering 11 LATX per 1 LAT which is the same as offering 2,200 LATX per ETH. So if you are a holder of LAT and transfer to LATX then you get a better deal than what will be offered in the general sale.

Why read the white paper? The post is just as detailed. It contains all information needed to understand what the product is about

One word. Road map.It tells you a lot about the future of the project and potentials. Based on what I've just read, Latium is going to heat up 2018! This may be that rare opportunity to get in on a real winner here